What does a positive covariance indicate about the relationship between two variables?

How is the correlation coefficient different from covariance?

If two variables have a correlation coefficient of 0.85, what can be inferred about their relationship?

This course gives you a basic knowledge of statistics. It is intended for students with basic knowledge of Python syntax as they will be working with NumPy and pandas modules. During the course, you will become familiar with the basic concepts and then gradually move on to more complex concepts and tasks.

This section will help us deal with the first real statistical case: finding confidence intervals. It requires knowledge of NumPy, pandas, Matplotlib, and Seaborn library to calculate math formulas and build visualization! To encourage you to pass this section, I want to point out that you will run across a small amount of theory but a significant amount of practice!

An inseparable part of a data analyst's life is conducting hypothesis testing. After completing this section, you will understand the idea behind testing in statistics and will be able to conduct a t-test using Python.

Covariance and Correlation Quiz

1. What does a positive covariance indicate about the relationship between two variables?

2. How is the correlation coefficient different from covariance?

3. If two variables have a correlation coefficient of 0.85, what can be inferred about their relationship?

Awesome!

Covariance and Correlation Quiz

1. What does a positive covariance indicate about the relationship between two variables?

2. How is the correlation coefficient different from covariance?

3. If two variables have a correlation coefficient of 0.85, what can be inferred about their relationship?